https://www.taxtmi.com/manuals?id=1156 Special presumptive computation applies to profits and gains from the business of plying, hiring or leasing goods carriages. The scheme uses deemed income per vehicle per month for an assessee owning not more than 10 goods vehicles, applies overriding effect over inconsistent computation provisions, treats certain hire purchase or instalment possession as ownership, and restricts separate deductions, while requiring books and audit where declared income falls below the prescribed level. en-us Tue, 15 Sep 2015 11:44:00 +0530 Thu, 28 May 2026 18:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1156 Special presumptive computation applies to profits and gains from the business of plying, hiring or leasing goods carriages. The scheme uses deemed income per vehicle per month for an assessee owning not more than 10 goods vehicles, applies overriding effect over inconsistent computation provisions, treats certain hire purchase or instalment possession as ownership, and restricts separate deductions, while requiring books and audit where declared income falls below the prescribed level. Manuals Income Tax Tue, 15 Sep 2015 11:44:00 +0530 https://www.taxtmi.com/manuals?id=1156